Asian markets ended mixed on Tuesday in cautious trade as investors await a widely expected Federal Reserve rate hike this week.
Mainland China markets, which fallen fallen more than 2 percent on Monday, remained under pressure for most of the trading session but finished in positive territory. The Shanghai composite closed up 0.08 percent 2.39 points at 3,155.36 and the Shenzhen composite finished up 0.33 percent or 6.55 points lower at 1,975.87.
The switch of direction in Chinese markets was attributed to the "Fed rate hike decision ... which is causing temporary risk-off sentiment in China and Hong Kong markets," said Margaret Yang, market analyst at CMC Markets, in a note on Tuesday.
Yang also pointed to tightening regulatory requirements for insurers in China on the pace of stock investments, and recent comments from U.S. President-elect Donald Trump on "One China."
However data released in China on Wednesday showedeconomic activity picked up in November.
China's retail sales last month rose more than expected at 10.8 percent year-on-year, compared to the forecast 10.1 increase in a Reuters poll, while November factory output were up 6.2 percent from a year ago, versus the expected 6.1 percent uptick. Private investment growth were 3.1 percent higher, from 2.9 percent in January to October.